Sunday, September 26, 2010

Pipal Research acquired for $13M

Credit Rating and Information Services of India Ltd (CRISIL), the Indian affiliate of Standard & Poor’s, has acquired Chicago-headquartered knowledge process outsourcing company Pipal Research for $12.75 million (Rs. 58 Cr). Pipal is majority owned by BPO services major Firstsource Solutions, which picked up a 51% stake in the firm in 2004.

Pipal Research provides business and investment research services in sectors like technology, telecommunications, consumer packaged goods, industrials and financial services. It was founded in 2001 by former McKinsey professional Manoj Jain who is also its current chairman. Pipal Research has three research centers in India in Gurgaon, Noida and Bangalore. The company reported $8.1 million revenue for FY10.

Pipal will be integrated into CRISIL’s KPO division, Irevna. The division provides equity research, derivatives support, commodities research, actuarial services and foreign exchange research to investment banks, insurance companies, asset management firms and other financial institutions. CRISIL is planning to expand Irevna’s geographical reach and is shortly setting up a research center in China.

Speaking of the acquisition, Roopa Kudva, MD & CEO of CRISIL said, “We have been in the high-end offshoring business for over five years following our acquisition of Irevna. Irevna currently has a strong base among finance and insurance companies.” She added that “KPO is now a significant part of our research, which now accounts for 44% of our revenues.” Sanjeev Arora, President & CEO, Pipal Research commented “Both Pipal and CRISIL bring very high quality and complementary knowledge services to the global markets and the combined entity will be very well positioned to continually lead the global knowledge service markets.”

The acquisition has been an all cash deal with MAPE advisory as the sole advisor.

Read More...

Pipal Research is a global custom research firm that delivers business and financial research & analysis.

CRISIL is India's leading Ratings, Research, Risk and Policy Advisory Company.

Indus Insights is a specialized consulting firm that assists organization in leveraging analytics to drive business performance. They use state-of-the-art mathematical and statistical techniques to unlock game-changing insights hidden in data; and then translate these insights into actionable strategies.

Tuesday, September 21, 2010

IBM to acquire data warehousing and analytics firm Netezza

On an acquisition spree, IBM announced Monday that Netezza, a data warehousing and analytics company, will be the latest addition to its basket for $1.7 billion cash. The deal values Netezza at $27 per share, 9.8% premium on Friday’s closing price. Netezza will expand IBM’s business analytics initiatives to help clients gain faster insights into their business information, with increased performance for cheaper.

Marlborough, MA based Netezza Corporation (NYSE: NZ) is the global leader in data warehouse, analytic and monitoring appliances that simplify high-performance analytics across an extended enterprise. Netezza's technology enables organizations to process enormous amounts of captured data at exceptional speed, providing a significant competitive and operational advantage in today's data-intensive industries, including digital media, energy, financial services, government, health and life sciences, retail and telecommunications. The company has about 500 employees and lists 30+ companies in its client roster, including Neiman Marcus, eHarmony, Time Warner, Estee Lauder, BCBC-Ma, United Health group, etc among its clients. The British TV, Internet and phone service provider Virgin Media Inc. uses the technology across its product marketing, revenue assurance and credit services departments to quickly assess and respond to impacts of price changes or tariffs on sales. NYSE Euronext has cut the time it takes to load and extract massive amounts of historical data so it can run analytic queries more securely and efficiently, while reducing runtimes from hours to seconds.

The rate and pace of data is accelerating the IT opportunity around information and analytics. A recent study revealed that 83% of CIO's identified analytics as a top priority. The combined strengths of IBM and Netezza are a key differentiator at a time when organizations of all sizes are looking to gain more insight from their business information.

This deal comes in just 5 days after IBM purchased OpenPages. In the last 4 years, IBM has made 23 analytics-related acquisitions totaling $12 B. Analytics accounted for $9 B of IBM’s $95.8 B revenues in 2009. IBM said in May that it planned to spend about $20 B in acquisitions through 2015 to expand its software and services business.

The acquisition, which is subject to Netezza shareholder approval, applicable regulatory clearances and other customary closing conditions, is expected to close in the fourth quarter of 2010.

Read More...

International Business Machines (IBM) is a computer, technology, and IT consulting corporation headquartered in Armonk, New York. IBM is the world's fourth largest technology company and the second most valuable global brand. With 400,000 employees worldwide, IBM is second largest and the second most profitable information technology and services employer in the world according to the Forbes 2000 list with sales over $100 billion.

Indus Insights is a specialized consulting firm that assists organization in leveraging analytics to drive business performance. They use state-of-the-art mathematical and statistical techniques to unlock game-changing insights hidden in data; and then translate these insights into actionable strategies.

Monday, September 13, 2010

Indus Insights is hiring

Indus Insights is looking to immediately hire Lead Consultants and Engagement Managers to join the company’s Gurgaon office in India. The individuals will be responsible for using advanced analytics & data mining techniques to develop actionable insights for our clients. They will also assist the leadership team in business development activities. Depending upon the caliber of the candidate, the positions will also offer team leadership and client interfacing opportunities.

About Indus Insights
Indus Insights is a rapidly growing analytical consulting firm that is an offshoot of Capital One in many ways. Our management team and advisory board consists primarily of COF Alumni. Our current clients include one of the top 10 credit card issuers in the US, and one of the top 3 media agencies in the world. We are currently in a rapid growth phase, and have been adding multiple clients to our portfolio every month. This is a great opportunity to join a high energy start-up in the analytical consulting domain.

About the Roles
Indus Insights is looking to fill positions of Lead Consultant and Engagement Manager immediately. These positions will be based out of Gurgaon (Delhi NCR). The individuals will be responsible for using advanced analytics & data mining techniques to develop actionable insights for our clients. The individuals will also assist the leadership team in business development activities. Depending upon the caliber of the candidate, the positions will also offer team leadership and client interfacing opportunities. These roles offer tremendous career advancement opportunities, exposure to senior management, experience of working in a high-energy start-up environment, and financial upside that comes with the growth of the company.

About the Candidate
You are our ideal candidate if the following describes you:

Personality Traits
  • You are great at problem solving. You enjoy taking a complex business problem, breaking it down into smaller, manageable questions, and then answering those systematically
  • You are passionate about creating results for the client. We have an intense focus on “wowing” our client in every single engagement, and you need to drive this
  • You are ready to “do what it takes”, and understand the needs of a client-facing role and a start-up environment. You are comfortable with changing priorities, somewhat unpredictable schedules, working unconventional hours to overlap with US times when needed, and traveling to clients’ sites when needed
  • You enjoy discussions and debates, and love to speak your mind, go to the white board, and listen & understand others’ arguments
  • You are self-driven and take pride in your work
  • You are fanatical about meeting timelines. You do not believe in the concept of Indian Stretchable Time
  • You take your work very seriously, but don’t take yourself too seriously

Experience and Skills
  • 3-6 years of highly successful experience in an analytical domain. Such experience will include experience at an analytical consulting firm, an outsourced captive of a major international financial services company, a US based financial services firm, or other similar experience
  • Extremely comfortable working with Excel and at least one of SAS, SQL, or SPSS
  • Solid background in using advanced analytics through techniques such as segmentation, predictive modeling, decision trees, cash flow modeling, etc
  • Preference will be given to candidates with exposure to analytical applications in financial services and at least one other sector (e.g. web analytics, retail analytics, etc)
  • Bachelor’s from a top tier educational institution with a degree in an analytical discipline (engineering, statistics, economics, etc)
  • 2+ years of experience in leading projects and directly managing teams (For Engagement Manager position)

Contact Information
If you think you are the person we are looking for, please send a brief email with your resume to Jobs@IndusInsights.com

Wednesday, September 8, 2010

Fantasy Football and Analytics?

Millions of NFL fans have completed their fantasy football drafts by now. The NFL schedule was set months ago and the season kicks off on Thursday night, with the Minnesota Vikings taking on the New Orleans Saints in prime time.

For many fantasy fans, the player-drafting strategies start with the best intentions: I'll do my research, check out some pro football websites and make a list of the players I really want. However, when draft day finally happens and they've neglected to do any research, that "strategy" quickly degrades into player selections based on "gut feelings" that may or may not correspond to actual statistical evidence, current news or historical player trends. (The five beers don't help matters, either.)

IBM's Hetal Thaker bucks a couple of common stereotypes regarding football viewership and fantasy football leagues and uses predictive analytics to draft her way to success. She models qualitative and quantitative information to predict the number of touchdowns a receiver is going to get or number of total yards that a quarterback is going to throw.

In an interview with CIO, she shares advice on analyzing data on running backs and running your business.

Read More...

Indus Insights is a specialized consulting firm that assists organization in leveraging analytics to drive business performance. They use state-of-the-art mathematical and statistical techniques to unlock game-changing insights hidden in data; and then translate these insights into actionable strategies.

Saturday, September 4, 2010

Analytics and Bottom Line: How Organizations Build Success (Webinar)

Title: Analytics and Bottom Line: How Organizations Build Success (Live Webinar)

Date: Sept 23, 2010

Cost: Free

Description
As more and more companies have discovered, analytics is a powerful business tool that allows organizations to aggressively leverage their data in key business decisions and processes with impressive results.

And use of analytics is not regulated to sales and marketing or finance. As analytics experts Thomas Davenport and Jeanne Harris have discovered, companies are gaining competitive advantage by embedding analytics in every piece of their organization.

Rather than “going with their gut,” leading-edge companies such as Google, Best Buy, P&G, and Sysco are using sophisticated data-collection technology and analysis to get the most value and performance from their talent. Tossing aside traditional HR reporting and backward-looking scorecards, these companies are taking the guesswork out of managing their people by leveraging a range of analytics to improve the way they attract and retain talent, connect their people to business performance, differentiate themselves from competitors, and more.

In this webinar, best-selling authors Tom Davenport and Jeanne Harris will present key areas where companies track, analyze, and use data to forecast the organizational demands and opportunities for the future.

Register online now >>

Thomas H. Davenport is the President’s Distinguished Professor of Information Technology and Management at Babson College. He has taught at the Harvard Business School, the University of Chicago, Dartmouth’s Tuck School of Business, and the University of Texas at Austin. He has also directed research centers at Accenture, McKinsey & Company, Ernst & Young, and CSC. Davenport is the author or co-author of thirteen books, including Working Knowledge: How Organizations Manage What They Know and The Attention Economy: Understanding the New Currency of Business. His last book, Competing on Analytics, is an international bestseller now in its fifth printing.

Jeanne G. Harris is executive research fellow and a senior executive at Accenture’s Institute for High Performance in Chicago. Jeanne leads the Institute’s global research agenda in the areas of information, technology, and analytics. In 2009 Jeanne received Consulting Magazine’s “Women Leaders in Consulting” award for lifetime achievement. She is the coauthor (with Tom Davenport) of Competing on Analytics: The New Science of Winning. During her 33 years at Accenture, Jeanne has consulted a wide variety of organizations in many different industries worldwide. She has led Accenture’s business intelligence, analytics, performance management, knowledge management, and data-warehousing consulting practices. She has worked extensively with clients seeking to improve their managerial information, decision-making, analytical, and information-management capabilities. Jeanne has authored numerous book chapters and articles in leading management publications, including Harvard Business Review, MIT Sloan Management Review, California Management Review, and CIO. Her research has been quoted extensively by the international business press, including The Wall Street Journal, the Financial Times, and Nihon Keizai Shimbun.

Rate this article